(3) Payments of P 10,000 per quarter are made from June 7 through Z through December 7, Z +11 inclusive. If the nominal

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3 Payments Of P 10 000 Per Quarter Are Made From June 7 Through Z Through December 7 Z 11 Inclusive If The Nominal 1 (246.4 KiB) Viewed 45 times

(3) Payments of P 10,000 per quarter are made from June 7 through Z through December 7, Z +11 inclusive. If the nominal rate is of interest convertible quarterly is 6%. Be sure to express each date as some time t = k. for nonnegative integer k, set the earliest time among the given dates below as t = 0. (a) Find the present value on September 7, Z - 1. (3 points) (b) Find the current value on March 7, Z + 8. (3 points) (c) Find the accumulated value on June 7, Z + 12. (3 points) (d) Find the current balance on December 7, Z + 6. Show that this is the same under both methods used in class. (3 points)